Lean Diversification is a method for developing new income streams during the COVID-19 crisis. The Lean Diversification approach is rapid and low risk, both of which are essential in a crisis. The idea of Lean Diversification is inspired by the ‘Lean Startup’ methodology that has been so successful for many new businesses in the digital …
Category: Development Strategies
COVID-19 Diversification Strategies – How to Diversify in a Crisis
During the pandemic, many businesses are developing COVID-19 Diversification strategies. These can be simply emergency tactics for the short term, or more fundamental strategic changes for the medium term. Some businesses will later return to ‘normal’ (or the ‘new normal’) whilst others will be completely transformed, emerging with a new business model (or Business Formula). …
Creative Scale Up Programme online workshop
David has delivered an online workshop “How to Maintain Creativity in a Scale Up Environment” on two occasions for the Creative Scale Up Programme. This successful workshop will be repeated on Tuesday 01 December 2020 (13.30 – 15.30). Register now to attend this free online workshop. David has also delivered a workshop on Exporting and …
My lightbulb moment was in Albania…
My lightbulb moment was in Albania, in the summer, a few years ago. I was backpacking around the Balkans but also carrying my laptop because I needed to keep in touch with my clients by email. As a one-person business, I couldn’t delegate to colleagues, and nowadays everyone expects an immediate response. Gone are the …
Business Design for Lifestyle Success
My lightbulb moment was in Albania, in the summer, a few years ago. I was backpacking around the Balkans but also carrying my laptop because I needed to keep in touch with my clients by email. As a one-person business, I couldn’t delegate to colleagues, and nowadays everyone expects an immediate response. Gone are the days of shutting down …
The Feasibility Filter – how to assess and select the best business development options
The Feasibilty Filter features in the free eBook version of ‘T-Shirts and Suits: A Guide to the Business of Creativity’ (page 89). Download the free eBook now UPDATE. This Feasibility Filter can be used to evaluate COVID-19 Diversification Strategies (more…) You have your creativity and your goals, but these alone are not enough. You need a feasible …
COVID-19 Business Strategy for Creative, Cultural and Digital Businesses
Information, resources and techniques to devise a COVID-19 Business Strategy for Creative, Cultural and Digital Businesses are summarised on this page. These are categorised under three headings: 1. Emergency Measures to cope with the immediate financial crisis 2. Adapting and pivoting as a temporary tactic to generate income in new ways survive the crisis 3. …
The Art of Virtual Pitching – a Webinar with Enterprise Development Centre, Nigeria
David delivered a Webinar: “The Art of Virtual Pitching”, hosted by Global Entrepreneurship Network Nigeria and the Enterprise Development Centre, Nigeria. Contents. Find on this page: – Video. Part One: General points about making a winning pitch – Video. Part Two. Ten Top Tips for Virtual Pitching – Notes of the key points and top …
Instagram Live Conversation on Creativity with Zulfiya Abdukhalikova
David was the guest in an Instagram Live Conversation with Zulfiya Adbukhalikova, hosted by Impact Hub Almaty in Kazakhstan. “Creative Business Responses: A Conversation“ was an Instagram Live event that took place on Tuesday 21 April 2020. The conversation included a discussion about creativity in the creative industries and other sectors. David spoke about the …
Cash Flow Planning Spreadsheet – free download to use
David has published a cash flow planning spreadsheet as a download in a free toolkit product. This can be used as a cash flow planning tool to create a cash flow projection or cash flow forecast for your business. His presentation on cash flow planning and sharing his cash flow planning spreadsheet took take place …